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General Poker Information - Tournament:
This is a
short list with basic tournament information and definitions. The
list explains the most commonly used tournament expressions and
terms. The definitions are guidelines and other definitions and
rules may apply where you play. Always examine the rules and
tournament structure before you join a online poker tournament.
Entry Fee: A fee paid by each of the players to the
house for hosting the tournament. The fee is usually 8-10% of the
Buy-In: The amount of money it costs to enter a
poker tournament on top of the entry fee. The buy-in is added
directly to the prize pool.
Re-buy: The option to buy additional chips. Rules
vary a lot in rebuy tournaments. Some tournaments have unlimited
re-buy for the first hour, while others only allow re-buy if you are
below a certain amount in chips.
Add-on: The option to buy additional chips at a
certain time during the tournament regardless of the amount of chips
in a player’s possession. An add-on is usually offered when the
re-buy period expires.
Prize Pool: The prize pool is the total amount of
prize and money paid by players and added by poker rooms. The prize
pool consists of all the players’ buy-ins, add-ons and re-buys.
Round: Also referred to as a ‘level’ which is the amount of time specified in a tournament for each betting limit.
Tournament Structure: Tournaments are differently
structured not only in relation to freezouts, re-buy tournaments,
game type, and add-on tournaments but also Blinds, Ante and prize
distribution. Remember to check the tournament structure before you
enroll in a poker tournament – Some poker rooms have a very quick
tournament structure, while others can take twice as long.
Speed Tournament: An internet tournament form where
the blinds increase fast.
Freeroll Tournament: A Freeroll or free roll
tournament is a sponsored poker tournament where the buy-in is $0.
The prizes are usually offered by online poker rooms to attract new
customers. We have a large list of
Re-buy Tournament: A tournament where players are
allowed to purchase more chips in a certain period of time. Each
tournament has different rules regarding re-buy and how many chips a
player must process in order to purchase more. Some tournaments only
allow one re-buy while others have multiple or unlimited re-buys.
When the re-buy period ends the tournament becomes a Freezeout.
Guaranteed Tournament: A tournament where a certain
amount is guaranteed as prize pool, regardless of how many players
buy-in to the tournament. Guaranteed tournaments can experience
overlay when not enough players join and a part of the prize pool is
covered by the poker room.
Satellite Tournament: A tournament where the prize
pool is entrance tickets to a larger tournament. The most popular
online satellite poker tournaments wins are entrance tickets to the
major live poker events such as the European Poker Tour (EPT),
World Series of Poker (WSOP), World
Poker Tour (WPT) and Party Poker’s European World Series of Poker
Qualifiers: A qualifier is basically the same as a
satellite tournament. The prize is also entrance tickets to either
online or offline poker events and the winner of a qualifier
qualifies to a larger poker tournament.
Shootout: Each table must find one table-winner
before the tournament can advance to the next round. The
table-winners are then gathered on a final table to battle for the
Freezeout: The most frequent tournament form. No re-buys or add-ons are allowed in a Freezout tournament. Players who run out of chips are eliminated and players are moved around as seats open up.
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